Processors do certain validity checks on the register values passed to XSETBV. For the PV emulation path for that instruction the hypervisor code didn't check for certain invalid bit combinations, thus exposing itself to a fault occurring when invoking that instruction on behalf of the guest.
Malicious or buggy unprivileged user space can cause the entire host to crash.
Acknowledgements:
Red Hat would like to thank the Xen project for reporting this issue.

Statement:
Not vulnerable.
This issue did not affect the versions of the kernel-xen package as shipped with Red Hat Enterprise Linux 5.
This issue did not affect Red Hat Enterprise Linux 6 and Red Hat Enterprise MRG as we did not have support for Xen hypervisor.